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Mar 22, 2013
03/13
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you figure if you're in a really strong economic environment, the on si opposite is what you expect to get. i'd be more concerned about financials for the reasons you suggest. >> let's go to goldman sachs, dan. you are looking to put a bearish trade on goldman. >> not having much to do about goldman other than it happened to be the weakest. this is one of the best banks out there. this is one that you want to buy on dips, if you believe in the u.s. financial system in a lot of ways, okay? but on a relative basis, like, we just said, you know, the euro stocks, the bank index got nailed this week. and it down 3.5% on the year. the xlf is up 10% on the year. so, when i think about goldman sachs, we just mentioned the stress test, these are one of the two guys that were flagged as far as having deficiencies in risk management. you think of the great quarter they had in q-4. the stock has been off to the races since then. so, what i want to really just look at is, in the next couple weeks, the next month and a half, when you think about what's gone on in the last two years in this time peri
you figure if you're in a really strong economic environment, the on si opposite is what you expect to get. i'd be more concerned about financials for the reasons you suggest. >> let's go to goldman sachs, dan. you are looking to put a bearish trade on goldman. >> not having much to do about goldman other than it happened to be the weakest. this is one of the best banks out there. this is one that you want to buy on dips, if you believe in the u.s. financial system in a lot of ways,...
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Mar 20, 2013
03/13
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protectors of one another, of the environment. let us not allow that time for destruction and death accompany our journey of this world. >> pope francis' homily. a man whose middle name is francis, named after francis of assissi, just like the new pope. every man called francis. >> and you were named after francis of assissi, as the new pope. >> well, growing up in our house, francis of assissi was right up there with the virgin mary because of what he stood for, his concern for the poor, environment, i mean, this guy was way ahead of his time. >> the pope tweeted today true power and service all people, especially the poor. that is his reputation. what do you want to say about the new pope? >> i want to be optimistic right now. some things that he said, like all the other bishops, about gay marriage and abortion, you know, they're just not in this century yet. but this man's approach is very different. and i was thinking the other day that i remember back when gorbachav was named and they said oh, he's the same as the other guys.
protectors of one another, of the environment. let us not allow that time for destruction and death accompany our journey of this world. >> pope francis' homily. a man whose middle name is francis, named after francis of assissi, just like the new pope. every man called francis. >> and you were named after francis of assissi, as the new pope. >> well, growing up in our house, francis of assissi was right up there with the virgin mary because of what he stood for, his concern...
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Mar 18, 2013
03/13
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continental also works and we're seeing synergy and the corporate focus makes it's good bet where the environment is growing. if you had to own an airline it should be alaska air because there's no more competition and it looks more and more like a last scare and it has a beautiful balance sheet and beautiful growth prospects and they have decent fuel hedges and plus, they're still working through the benefits of the airtran composition and just last week we heard from the ceo, spirit airlines right here, that's the best-run low-cost player in the sector with terrific growth. remember, the ceo of save -- yeah, the cool -- despite his low-cost structure, he's not competing with the majors. he's adopted what i call a we willy killer hit them where they hit strategy. just google it. here's the bottom line, in the real world, we might not be able to invest in genuine unfettered, gorgeous monopolies like the rails, but oligopoly is the next best thing, and the airline business is the newest oligopoly out there. i like the three big boys the best, delta, united continental and especially u.s. airways a
continental also works and we're seeing synergy and the corporate focus makes it's good bet where the environment is growing. if you had to own an airline it should be alaska air because there's no more competition and it looks more and more like a last scare and it has a beautiful balance sheet and beautiful growth prospects and they have decent fuel hedges and plus, they're still working through the benefits of the airtran composition and just last week we heard from the ceo, spirit airlines...
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Mar 22, 2013
03/13
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government and business can come together to ensure that the job is done safely and does not impact the environment in a harmful way. it is imperative we effectively use the resources this country happens to be rich in. but of course, if only it were that easy. in a matter of months, the obama administration will have to decide whether to permit the keystone pipeline. a 2,000-mile conduit from the canadian oil sands, seeking ports on the gulf of mexico. environmentalists have made stopping the pipeline their number one priority. but about two weeks ago, the white house released the results of the state department's impact statement on keystone which said the impact would be nil. and yet, still no movement on the passage of this pipeline, which is estimated to have the potential to create millions of new jobs. meanwhile, there's a fight over shale gas. something this country has in abundance. so much so, america could become energy independent. the fact is, we need to move forward on multiple tracks, not just one track. why not employ all of the above strategy? keep pushing for cleaner, renewable en
government and business can come together to ensure that the job is done safely and does not impact the environment in a harmful way. it is imperative we effectively use the resources this country happens to be rich in. but of course, if only it were that easy. in a matter of months, the obama administration will have to decide whether to permit the keystone pipeline. a 2,000-mile conduit from the canadian oil sands, seeking ports on the gulf of mexico. environmentalists have made stopping the...
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Mar 25, 2013
03/13
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>> yeah, i think in this environment, actually, it could. >> with the three potential proposals on the table? >> yeah, absolutely. and that's because generally i'm bearish on the market. >> i would have never guessed that. >> let's call it 14. my risk/reward's not bad. i don't have to worry. it's not going to trade with the market. i don't have to worry the market being down 2% and dell going to be down. >> there's 1.75 billion shares outstanding, you're talking about 20 cents, 30 cents, talking about huge sums of money on this bid that's going higher. i don't think it happens. >> let's move on to the next trade here, s&p 500 wiped away earlier gains. less than a point away amid concerns that cyprus' bank restructuring will pave the way for losses. for more impacts on the cyprus deal, we're joined by the global head of g10 strategy at citigroup. it seems that the whole problem arose, the problem today in terms of trading when the dutch finance minister gave an interview and indicated the cyprus deal could be a template, his word, for future bailouts and then sort of backed away from it
>> yeah, i think in this environment, actually, it could. >> with the three potential proposals on the table? >> yeah, absolutely. and that's because generally i'm bearish on the market. >> i would have never guessed that. >> let's call it 14. my risk/reward's not bad. i don't have to worry. it's not going to trade with the market. i don't have to worry the market being down 2% and dell going to be down. >> there's 1.75 billion shares outstanding, you're...
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Mar 26, 2013
03/13
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it was a much different environment. the move you're talking about from march of '93 to march of '94, the underlying fundamentals of the u.s. are economy are completely different. the fight was completely different a well. >> it's fair to say we're in a different environment in terms of the fed. absolutely. interest rates alone tell you that story. folks i know expect to see a big correction in credit. it will have different characterist characteristics. one guy told me he expects to see widening credit spreads which you wouldn't normally in this case. where i mentioned the bank balance sheet and the lack of gses, at least size of gses we once had, he worries about the effect where it's not easy to lay off risk. >> it's difficult to have a 1 1994, buying everything they can get their hands on. these guys talking about this implosion in the bond market, are they long or short the stock market? to me, it's the same trade. >> that's a great question. i was talking to one guy about this last week. he said, look, i wouldn't s
it was a much different environment. the move you're talking about from march of '93 to march of '94, the underlying fundamentals of the u.s. are economy are completely different. the fight was completely different a well. >> it's fair to say we're in a different environment in terms of the fed. absolutely. interest rates alone tell you that story. folks i know expect to see a big correction in credit. it will have different characterist characteristics. one guy told me he expects to see...
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Mar 19, 2013
03/13
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lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-5534 or visit trylyric.com for a risk-free 30-day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. redesigned site has this new score planner tool with these cool sliders. this one lets us know what happens if someone checks our credit. oh. this one lets us know what happens if we pay off our loans. yeah. what's this one do? i dunno. ♪every rose has it's thorn ♪just like every night ♪has it's dawn score planner is free to everyone. free score applies with enrollment in freecreditscore.com bret michaels slider still in beta. >>> we've got >>> we've got you covered in the west coast. jane wells joins us from the west coast. >> starbucks has bought the farm. truly, the couffee giant has bought its own farm in costa rica to research and develop varieties based on what it learns through
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-5534 or visit trylyric.com for a risk-free 30-day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. redesigned site has this new score planner tool with these cool sliders. this one lets us know...
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Mar 25, 2013
03/13
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in a low interest-rate environment that is very cheap. we can easily get up to 15, 16, even 17 and not be out of line with historical experience. i think it is multiple expansion that is going to be the key because, again, we know there are $10 trillion in money funds or in bank accounts earning nothing. people are eventually going to say, hey, i am going to go get some of that dividend income. i am going to move back. it has only been done little but so far. we could see a much bigger movement and one that i think is fully justified by the fundamentals behind the market. david: are you surprised more money has not come out of the bond fund? there has been a lot of money going into stock fund, but there has not been a big drop-off, frankly not at all, of money in bond funds. why not? >> i think, again, a lot of people cling to the bond funds because if their is a crisis, like we saw in greece, the treasury market possible little bit. if you hold treasury's you can look at those and say, that cushioned the decline in the portfolio. it is,
in a low interest-rate environment that is very cheap. we can easily get up to 15, 16, even 17 and not be out of line with historical experience. i think it is multiple expansion that is going to be the key because, again, we know there are $10 trillion in money funds or in bank accounts earning nothing. people are eventually going to say, hey, i am going to go get some of that dividend income. i am going to move back. it has only been done little but so far. we could see a much bigger movement...
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Mar 20, 2013
03/13
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all protectors of creation of the plan of god written in nature, protectors of one another, of the environment. let us not allow that science of destruction and death accompany our journey of this world. >> pope francis' homily at his installation today. back here with michael moore and fellow catholic, i may add, and a man whose middle name is francis, named after francis of assisi. >> my father was francis. >> really? >> yes. >> and you were named after francis of assisi, as the new pope was. how do you feel about that? >> francis of assisi was, you know, right up there with the virgin mary because of the things that he stood for, his concern for the poor, environment. i mean, this guy was way ahead of his time. >> the pope tweeted true power is service. the pope must serve all people, especially the poor. that is his reputation, looking after the poor. what do you think of the new pope? >> i want to be optimistic. things that he said like all the other bishops about gay marriage and abortion, you know, they are just not in this century yet, but this man's approach is very different, and i -
all protectors of creation of the plan of god written in nature, protectors of one another, of the environment. let us not allow that science of destruction and death accompany our journey of this world. >> pope francis' homily at his installation today. back here with michael moore and fellow catholic, i may add, and a man whose middle name is francis, named after francis of assisi. >> my father was francis. >> really? >> yes. >> and you were named after francis...
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Mar 20, 2013
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. >> well, i think when you look at things right now you're looking at low interest rate environment. that's something we have been in for a long time. i think that's going to continue certainly we'll know more about that when we hear more from the fed. i think that's one. when you look at buying a home, versus renting a home, i think the advantage goes to the buying. look at what lennar has going, new orders are up 34%. we're up at $43, i missed it. i think it's doing higher. >> doc, what's going on? >> for 2013 i do think it's going higher, but in the short term the index of home builder confidence, these are the actual people swinging the hammers and so forth is now at a three-month slide. in other words, after having eight months of just very positive outlook, now they're negative. and you've got input costs. all the costs because of superstorm sandy and all the rest have increased for the guys. the problem for the home builders is supply. they don't have enough of it. so demand is there. supply and demand that's what you have to balance out. but they have too much demand. they do
. >> well, i think when you look at things right now you're looking at low interest rate environment. that's something we have been in for a long time. i think that's going to continue certainly we'll know more about that when we hear more from the fed. i think that's one. when you look at buying a home, versus renting a home, i think the advantage goes to the buying. look at what lennar has going, new orders are up 34%. we're up at $43, i missed it. i think it's doing higher. >>...
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Mar 20, 2013
03/13
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in an environment where, yes, we've bailed out aig, you think they're going to let that company go down again? absolutely not. nobody likes them anymore. their business is being destroyed, whittled away, but the stock's had quite a run. i say aig on this round. >> you know who has to break this tie, the viewers. let's find out who you voted for on twitter. and it was goldman sachs. the winner is goldman sachs. look at tim running around. >> insane. >> sorry about that. >> come on. >> i wouldn't catch that -- >> act like you've been there before. >> goldman sachs advances to the next round. thank you, viewers out there for tweeting your responses. as you can see, you really do break the ties here on the desk. >>> let's move to the industrial region based on our votes earlier today, united technology's caterpillar, deere -- >> hold on a second, haven't we killed all the deere? >> deere with an "e." dupont and honeywell beating out the competition, but the battle between valero and transocean will be settled right now. so, again, we go to the left side, my left side of the desk, guy? >> no
in an environment where, yes, we've bailed out aig, you think they're going to let that company go down again? absolutely not. nobody likes them anymore. their business is being destroyed, whittled away, but the stock's had quite a run. i say aig on this round. >> you know who has to break this tie, the viewers. let's find out who you voted for on twitter. and it was goldman sachs. the winner is goldman sachs. look at tim running around. >> insane. >> sorry about that....
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Mar 19, 2013
03/13
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. >> neil: but you see little reason to invest in this environment? >> we have to have a regulatory environment that supports growth. >> neil: you don't think it does. >> absolutely not. i think is suppresses growth and we should be putting all these regs -- look at north dakota on private land. 3%. they're growing like crazy, creating jobs everywhere. three new high schools being built in bismarck. all kinds of things being built in the dakotas. new hospitals, because employment is booming, housing is going up as fast as it can. that's what you get from opening up the world. we have had some of that boom in northern new york. if we could get new york to approve frack. >> neil: they won't. you're a modest guy but one of the most requested corporate voices in the speaker circuit, and at love 0 ceos seek you out for advice. i don't want you to betray secrets but when they seek your counsel, what are they generally needing help on? what are they telling you they needure guidance on? >> generally i'm involved in a lot of organizational structure. people,
. >> neil: but you see little reason to invest in this environment? >> we have to have a regulatory environment that supports growth. >> neil: you don't think it does. >> absolutely not. i think is suppresses growth and we should be putting all these regs -- look at north dakota on private land. 3%. they're growing like crazy, creating jobs everywhere. three new high schools being built in bismarck. all kinds of things being built in the dakotas. new hospitals, because...
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Mar 20, 2013
03/13
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so in that environment, the voices that were speaking out against this war, but in that environment, those voices could be muffled and people were being painted as being anti-american because they were pro peace. >> right. mrs. walsh, we saw what donald rumsfeld said on twitter. we saw dick cheney say he would do it all over again and not acknowledge any mistakes. >> the main fault -- i don't spend a lot of time thinking about my faults i guess would be the answer. >> no kind of political introspection there. but will history let these men off the hook for what they did? >> no, they're going down in history for a horrible, terrible war. i was going to say a lapse of judgment, but it was not a lapse of judgment. it was a deliberate act. they cooked the evidence. they browbeat people. they would karl rove as their political hench men. the vote was scheduled on the eve of the elections deliberately. i don't want to let democrats off the hook. 29 senate democrats voted to authorize the use of force. some apologized later like john kerry. some brave people came out against it as you showe
so in that environment, the voices that were speaking out against this war, but in that environment, those voices could be muffled and people were being painted as being anti-american because they were pro peace. >> right. mrs. walsh, we saw what donald rumsfeld said on twitter. we saw dick cheney say he would do it all over again and not acknowledge any mistakes. >> the main fault -- i don't spend a lot of time thinking about my faults i guess would be the answer. >> no kind...
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Mar 20, 2013
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and there's a lot of operating leverage as volumes improved as the new regulatory environment sets in. so i think there's a good -- there's a good path forward. depends on exactly when this final tournament is, whether this is the one to pick for a near term. but, you know, if we're talking about a marathon for sure, i think it fits in there. >> your price target is $155, right? >> yeah, so we're close to that. >> upside case you say 235. what gets you to 235 if that's your best case? >> well, 235 would obviously involve higher, stronger earnings outlook, and that would come about as a result of, you know, faster pace of investment banking activity, trading volumes, continued, you know, sharp rise in asset prices like we've seen, and then translating that into a higher price to book multiple. >> and then finally, explain this, you say your downside case is $75 a share. so those who want to be conservative here, what's the problem? what would be the tipping point that would get you there? >> renewed onset of global financial crisis concerns. >> okay. okay. evan, facebook as you know, g
and there's a lot of operating leverage as volumes improved as the new regulatory environment sets in. so i think there's a good -- there's a good path forward. depends on exactly when this final tournament is, whether this is the one to pick for a near term. but, you know, if we're talking about a marathon for sure, i think it fits in there. >> your price target is $155, right? >> yeah, so we're close to that. >> upside case you say 235. what gets you to 235 if that's your...
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Mar 19, 2013
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> we ran out of time for the "ridiculist." we'll be back one hour from now, another edition of "360" at 10:00 p.m. thanks for watching. "piers morgan live" starts now. >>> tonight, the steubenville rape case is far from over. are there more convictions to come? what about the new threats against the victim? i talk to attorneys on both sides. >>> plus my exclusive interview with the father of one of the high school football stars who was found guilty. >>> and tracy lords, herself a victim of rape in steubenville. >> i think that there is a sickness in that city. >>> also inside the mind of a killer. reports of adam lanza's bizarre obsession with mass murderers. 500 of them listed on a spreadsheet seven feet long. was it all just a video game come real to him. >>> and crime and punishm
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> we ran out of time for the "ridiculist." we'll be back one hour from now, another edition of "360" at 10:00 p.m. thanks for watching. "piers morgan live" starts now. >>> tonight, the steubenville rape case...
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Mar 25, 2013
03/13
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. >> fiscal austerity only works in environments of high inflation. we need to focus on the future. focus on austerity. dennis: the government is spending too much. this is not a good thing. >> you need to regain balance over time. right now, trying to get through immediately in the united states could really put a drag on growth here. with 7.7% unemployment, we need growth. dennis: it seems like all the folks in washington when they talk about growth, they talk more about growth and tax revenue and growth and the economy. >> right now, not only the united states, but particularly europe, there is not enough focus on reform. we need to make the changes and make it easier for businesses to conduct business. dennis: packs and retitle it reform is what we need. >> absolutely. clarity about a bath for sure prosperity. dennis: thank you for being with us. peter henry. thank you. take care. cheryl: fewer americans are expecting a financial boost from their tax refund this year. 59% of people are expecting that coveted refund check that averaged $2700. 28% are planning on spending the mone
. >> fiscal austerity only works in environments of high inflation. we need to focus on the future. focus on austerity. dennis: the government is spending too much. this is not a good thing. >> you need to regain balance over time. right now, trying to get through immediately in the united states could really put a drag on growth here. with 7.7% unemployment, we need growth. dennis: it seems like all the folks in washington when they talk about growth, they talk more about growth...
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Mar 25, 2013
03/13
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so kind of of in this same environment. how long do you think this could last? >> i don't buy the goldilocks analogy because we are in a low to zero growth. fourth quarter gdp in the u.s. is still zero. corporate profits in the third quarter were negative. we're slightly positive now. but first quarter consensus is negative again. where is goldilocks? only the fed stimulus, the fed is protecting a really tight monetary stance by u.s. congress, raising taxes, and, no, i don't see goldilocks at all. tracy: goldilocks is arguably uncle ben, right? he is not going anywhere anytime soon, right? i could make a argument, sell in may, do away thing doesn't count this year. >> i agree with that one, uncle ben. i hadn't heard that before. ultimately it i is pushing on a string. you need to have private economy, you need u.s. corporations, you need to have the global economy growing and this monetary stimulus is getting in the way of good, pro-growth economic policy. tracy: seems everything you learned in school though is thrown out the window. doug, thank you very much. >
so kind of of in this same environment. how long do you think this could last? >> i don't buy the goldilocks analogy because we are in a low to zero growth. fourth quarter gdp in the u.s. is still zero. corporate profits in the third quarter were negative. we're slightly positive now. but first quarter consensus is negative again. where is goldilocks? only the fed stimulus, the fed is protecting a really tight monetary stance by u.s. congress, raising taxes, and, no, i don't see...
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Mar 19, 2013
03/13
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all protectors of creation, of the plan of god, written in nature, protectors of one another, of the environment. >> he ended by asking everyone to pray for him like he did the day he was elected. among those in the crowd was vice president biden. he led the united states delegation. there are heads of state from 31 countries in attendance. there are religious leaders including jews and muslims and buddhists. he will meet with pope benedict on saturday for the first time in 600 years a former and current pope meet face to face. >> developing news, san jose police are investigating the circumstances after they shot and killed a man for the second time this month after a chase. the man was in a stolen car and tried to ram officers. abc7 news reporter, cornell bernard, is live in east san jose. cornell? >> still very much an active scene in east san jose. police are collecting evidence. there were several vehicles involved in this incident. some were unmarked police cars. the car you want do pay close attention to on the video is a white two-door honda that police say tried to run over an officer b
all protectors of creation, of the plan of god, written in nature, protectors of one another, of the environment. >> he ended by asking everyone to pray for him like he did the day he was elected. among those in the crowd was vice president biden. he led the united states delegation. there are heads of state from 31 countries in attendance. there are religious leaders including jews and muslims and buddhists. he will meet with pope benedict on saturday for the first time in 600 years a...
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Mar 21, 2013
03/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> this is a fox news alert. a killer is on the loose and a manhunt is underway right now in colorado. the state's top prison official was shot to death at the front door of his own home. now police are trying to track down the killer. for the latest, jeff cramer from the el paso county sheriff's office joins us. >> good evening, how are you. >> greta: i'm well. i know you have a big task at hand and do you have a person of interest who you're looking for? >> well, we don't. unfortunately there's no known suspect in this case at this time. our investigators remain very busy at this hour to continue to gather information and go through information and try to determine what the strongest lead might be in this case, but at this point there's no suspect that's been identified, but obviousl
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> this is a fox news alert. a killer is on the loose and a manhunt is underway right now in colorado. the state's top prison official was shot to death at the front door of his own home. now police are trying to track down the killer. for the latest,...
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Mar 26, 2013
03/13
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there it's getting scarce. >> no growth environment in europe. >> yes. you look at verizon doing a phone deal. at&t is the apple company, and t-mobile. that's what i said. this is phone-icide. whey don't they say don't use us? don't come to us. we're more expensive than everybody. that's a great pitch, right? >> overall, we beat the consensus forecast, which would be a touch under 88%. we're in 8.1% over the last 12 months. >> they were supposed to be better. there was supposed to be content if they were driven by social. now we're seeing them get away from social ads and seeing more so-called suggested posts, which are really just drerkt markirec marketing. that's basically what it is. >>> good morning. we're live here and beginning with breaging knew on citi. kayla? >> the federal reserve is charging citigroup with inadequate oversight for the money laundering practicing. it's unclear what nature of the inefficiencies were, but it comes after several banks have been caught in cross hairs dealing with countries like iran and libya. it carries no monetar
there it's getting scarce. >> no growth environment in europe. >> yes. you look at verizon doing a phone deal. at&t is the apple company, and t-mobile. that's what i said. this is phone-icide. whey don't they say don't use us? don't come to us. we're more expensive than everybody. that's a great pitch, right? >> overall, we beat the consensus forecast, which would be a touch under 88%. we're in 8.1% over the last 12 months. >> they were supposed to be better. there...
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Mar 20, 2013
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> get ready for a big western style showdown, a sheriff takes on a governor in about 12 hours, the governor of colorado will sign new gun control legislation, but a sheriff in one colorado county is refusing to enforce the new laws. wells county sheriff john cook joins us, good evening, sheriff. >> good evening, greta, thank you for having me on. >> greta: thanks for being here. i understand the new law falls into two categories, background checks and magazines. why have you decided not to enforce the new law? >> for several reasons, but first, i'm sorry to see tomorrow come because we're going to throw away 150 years of tradition in the state of colorado. i feel sorry for our citizens, once the governor signs the bills. but i'm opposed to them because first off, it's a violation, inf
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> get ready for a big western style showdown, a sheriff takes on a governor in about 12 hours, the governor of colorado will sign new gun control legislation, but a sheriff in one colorado county is refusing to enforce the new laws. wells county...
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Mar 26, 2013
03/13
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environment. and you have to look at fiscal policy and monetary policy in the same way. the last five years every investor has been worried about their cash because they haven't wanted to own equities because they are worried about the armageddon skin narrow. >> right. >> so what happens you start to buy insurance. put options or you hold cash or buy 30-year treasuries. you know, after the policies from the ecbmt or the fed program you have derisked a lot of that. now people are reducing their insurance. that means cash is coming off the sidelines. >> the fed is forcing out the curve a little bit. >> the fed is reducing the probability of the systemic shock. >> okay. >> in which case investors are looking to do other things with their money. the yield curve is. now people are putting more money into equities because of the evaluations. david said it before. you're still trading 14 times forward earnings. equity risk premium still looks yield. ie, bonds look attractive. >> they were very attractive
environment. and you have to look at fiscal policy and monetary policy in the same way. the last five years every investor has been worried about their cash because they haven't wanted to own equities because they are worried about the armageddon skin narrow. >> right. >> so what happens you start to buy insurance. put options or you hold cash or buy 30-year treasuries. you know, after the policies from the ecbmt or the fed program you have derisked a lot of that. now people are...
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Mar 19, 2013
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pope francis urged his flock to protect the environment, the weak and the poor in today's installation mass at the vatican. seep your foreign affairs correspondent amy kellogg has highlights from rome. >> did a couple of laps at st. peter's square and got out with a disabled man in with crowd of 200,000 people. then there was a homily. >> let us never forget, that authentic power is service. and that the pope when exercising power also must enter ever more boldly in that service, which has the raidient culmination on the cross. >> the feast day of st. joseph, the new pope hit hard on the scene, protecting and looking after others. >> i think the pope saying also tenderness is not weakness, which is great. meaning saying it's good to have a heart. it's not weakness on your part to care about those two are left out, who are sick. lonely. who are poor. >> earlier pope francis took possession of his new fisherman's ring, symbol of st. peter or the stole made of sheep's wool, recalling the good shepherd with the flock on his shoulders. member of the u.s. congressional delegation feels confi
pope francis urged his flock to protect the environment, the weak and the poor in today's installation mass at the vatican. seep your foreign affairs correspondent amy kellogg has highlights from rome. >> did a couple of laps at st. peter's square and got out with a disabled man in with crowd of 200,000 people. then there was a homily. >> let us never forget, that authentic power is service. and that the pope when exercising power also must enter ever more boldly in that service,...
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Mar 18, 2013
03/13
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. >> can you at least tell us in this environment, the fed looks like the one thing we've learn side more cover for the fed. i don't know how bad it gets in cypress or whether there is contagion, but the fed will go. >> i think from the u.s. economic perspective, in the last few years of summer slowdowns, it doesn't look like that will happen and we're waiting for pullbacks and maybe we're waiting for an opportunity, but it will be time to wait for equities if you get that. >> i think cramer's here and jim, remember early on we were talking about whether the market knows things and it's like we were looking at that big job's number and we didn't talk about it after it happened and we got six or seven straight new highs and a fiscal cliff. is this what we're seeing today, enough to put anything on hold in your view or do things still look pretty good for our markets here. we did have a series and when you look at the charts this weekend, i cannot believe how many straight ups and take a boeing and it is bad news that indonesia did not go with boeing and that stock is up ten straight p
. >> can you at least tell us in this environment, the fed looks like the one thing we've learn side more cover for the fed. i don't know how bad it gets in cypress or whether there is contagion, but the fed will go. >> i think from the u.s. economic perspective, in the last few years of summer slowdowns, it doesn't look like that will happen and we're waiting for pullbacks and maybe we're waiting for an opportunity, but it will be time to wait for equities if you get that. >>...
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Mar 21, 2013
03/13
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spending environment. that's weighing on all tech names. ibm is down 1.25%. that's a huge weight on s&p 500 at this hour. a lots of them we are watching in the tech sector. s.a.p. down 2.5%. crm down 1%. it is taking everything down at this point. >> oracle was bad. can't mince words about it. >> was oracle being bad a sign of what's bad in overall tech spending or was oracle bad more of a sign of what's bad at oracle? or both? >> it is a big government provider. dell is, too. that's hurt dell. this was sloppy execution. deliver, deliver, deliver. are they losing share in the cloud? clearly. they won too many nine-figure deals. at the same time the market says i want to buy that weakness. why is lululemon up? they want to buy that weak fles. looking for caterpillar to bottom today. onshore drillers, one of the weakest markets, he should buy those. things come down, people just want to buy them. >> do you agree with this 1% move on lululemon today? >> that it is up? no. i don't like lululemon. talk about bad execution. they've just been terrible. >> the ceo ma
spending environment. that's weighing on all tech names. ibm is down 1.25%. that's a huge weight on s&p 500 at this hour. a lots of them we are watching in the tech sector. s.a.p. down 2.5%. crm down 1%. it is taking everything down at this point. >> oracle was bad. can't mince words about it. >> was oracle being bad a sign of what's bad in overall tech spending or was oracle bad more of a sign of what's bad at oracle? or both? >> it is a big government provider. dell is,...
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Mar 18, 2013
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the environment is so different. we have taxes and regulations. is it hard to grow a business in today's world? >> i don't think it's any harder. if you have the passion for what you're doing in believe it and find to let you know, what you are best that and exploit that a stake you will be successful. you know, that's what we have done all along. tracy: debt would be proud. but mitt david, but david founder and ceo. it's all about the passion. thank you. adam: politics. tracy: the compression shirt. adam: know because i no you're going to say something in that whatever response to it. thank you very much. it's tough work. even at that. president obama nominated thomas perez as the next labor secretary this morning. some republicans are already voicing concern about this. and jeff flock is live at the white house. i think the senator from louisiana is already saying no way. >> is going to block this in the senate. does not kill the nomination, but it does create some problems for the administration after thomas perez, the president's pick to lead
the environment is so different. we have taxes and regulations. is it hard to grow a business in today's world? >> i don't think it's any harder. if you have the passion for what you're doing in believe it and find to let you know, what you are best that and exploit that a stake you will be successful. you know, that's what we have done all along. tracy: debt would be proud. but mitt david, but david founder and ceo. it's all about the passion. thank you. adam: politics. tracy: the...
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Mar 21, 2013
03/13
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but for law enforcement officers going into that environment, having to deal with some someone with a 30, 40, 50-round magazine, that puts them in needless harm's way. so by eliminating that capacity, people still have the right to fire those weapons. we just have a better opportunity, a better chance, to really neutralize that threat. >> chief goddette, you live in newtown, i believe. >> i do. >> the argument -- you would have heard this many times. is there any attempt to prohibit the sale of ar-15s, one of the most popular rifles in the country, is an satellite on the second amendment rights of americans. what do you say to that? >> i respect the second amendment. i believe that people should have the right to own weapons. i think that the assault weapon in particular is a weapon of war. and i don't believe necessarily that anyone, other than police or military, should own a weapon like that. it puts my people in danger and great jeopardy. it puts the citizenry in great jeopardy. i reject the notion that it's a sporting rifle. i believe it's a weapon of war and intended to kill as
but for law enforcement officers going into that environment, having to deal with some someone with a 30, 40, 50-round magazine, that puts them in needless harm's way. so by eliminating that capacity, people still have the right to fire those weapons. we just have a better opportunity, a better chance, to really neutralize that threat. >> chief goddette, you live in newtown, i believe. >> i do. >> the argument -- you would have heard this many times. is there any attempt to...
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Mar 25, 2013
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, you get to take your brand advertise that you're putting on tv and really put it into this social environment where you're users are engaging with the content. >> and then there's bill simmons, one of the star pundits of espn, doing live webcasts on youtube with friends. you get to hear his thoughts on the game in realtime. espn didn't sell ads, admitting this is a test run. they've committed zero dollars to ncaa rights and it's a low cost production. easy money. >> that is a business model right there. >>> a lot more still to come. tweet time. could texas be getting ready to hoard some gold? lawmaker wanting them to allow the state and texans to store gold at its own facility with protection of the state. if passed, texas would be the first state to have its own ft. knox, essentially, allow ting it to be protected by the tenth andment. if your home state could make its own protected depository for anything, what would it be and why? tweet us at squawk street and we'll get you responses in the next hour. >> in the meantime, interrupt. i believe we know why the markets have turned south. the h
, you get to take your brand advertise that you're putting on tv and really put it into this social environment where you're users are engaging with the content. >> and then there's bill simmons, one of the star pundits of espn, doing live webcasts on youtube with friends. you get to hear his thoughts on the game in realtime. espn didn't sell ads, admitting this is a test run. they've committed zero dollars to ncaa rights and it's a low cost production. easy money. >> that is a...
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Mar 20, 2013
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it's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the fact that consumers, and fedex and ups talked about this in january. consumers are choosing cheaper ways to ship. they're willing to let things ship over a longer period of time. maybe longer in terms of the type of air they choose. and so i'm wondering if they're doing enough to combat the secular change in the business. >> well, that's a real criticism levied against the company. they have a really big ground work. and i think investors have excited about that. but we need a lot of aircraft for overnight dplifrry. be it domestically or from china.
it's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the...
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Mar 22, 2013
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the company says it is about making a better living environment. some dog owners say another example of big brother. no one wants to step in that. no one wants to see that around their apartment complex. that does seem extreme to me. >> you apparently have to register your dog's poop beforehand. so they know who it belongs to. and also, one owner brings up a good point. what if your dog has diarrhea. sorry if you are eating at this hour of the night. it is kind of hard to pick it up. kind of slippery and will probably get everywhere. what's the penalty here aside from a fine? do they detain your dog? >> i don't know. >> detain you? >> i know, right. maybe they make you get rid of your dog. i can't imagine -- a fine? >> maybe like repeat offender the dog gets crated, hauled off. poor fido. >> we have to get to the bottom of this. maybe somebody owns the lab, analyzes the poop. get rich off this. follow the money. >> you broke the story. >> whatever. making the stuff up. >> come to john, any story, you get to the bottom of the story. >> well, yeah. r
the company says it is about making a better living environment. some dog owners say another example of big brother. no one wants to step in that. no one wants to see that around their apartment complex. that does seem extreme to me. >> you apparently have to register your dog's poop beforehand. so they know who it belongs to. and also, one owner brings up a good point. what if your dog has diarrhea. sorry if you are eating at this hour of the night. it is kind of hard to pick it up. kind...
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Mar 19, 2013
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, an environment envisioned in our constitution, but they're finding themselves falling, if you will, back on this whole question of you've got to hit certain numbers, af gyou've goto force the numbers. that was legitimate for the supreme court. this is a president who picks people to promote because they support his ideology rather than the rule of law. >> this is a man headed up the civil rights division at which the inspector general concluded there's a racial hostility within that department that remains deeply divided over whether cases enforcing rights under the voting rights laws should ever be brought or should be brought with any consistency, where the victims in those voting cases are white and the defendants are black. that's under mr. perez and even some on the left have been saying, enough is enough. eric holder personally needs to answer for that ig's report. although it's gotten very scant coverage. so do you believe that that is a potential issue for mr. perez on his confirmation to head up the labor department? >> inge it's one of the most serious accusations, his fai
, an environment envisioned in our constitution, but they're finding themselves falling, if you will, back on this whole question of you've got to hit certain numbers, af gyou've goto force the numbers. that was legitimate for the supreme court. this is a president who picks people to promote because they support his ideology rather than the rule of law. >> this is a man headed up the civil rights division at which the inspector general concluded there's a racial hostility within that...
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Mar 19, 2013
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but certainly underlines the political nature of the administration's handling of the post-benghazi environment. and i can't wait to read these memos. i'm sure they will be a real treat. i think it will simply increase demands in congress for answers about the real facts of benghazi that after six months we still haven't gotten skbri mean, the thoughts on hacking, everybodies that -- everybody has their feeling how this should be handled the law doesn't crack down on people's ability to tap into private exchanges. one thing i think it truly highlights here, if there is a need in social media, even extending into the law breakers, to learn more about what happened, it does, does it not, say something about the energy in this country to produce some truth in this matter? >> yeah. i think there should be more protection for intellectual property on the internet, for people's own communications but i certainly have no faith in the privacy protections now. that is why my e-mails are pretty boring. this is a, dealing with sensitive matters of national security does raise a question, i think, whether
but certainly underlines the political nature of the administration's handling of the post-benghazi environment. and i can't wait to read these memos. i'm sure they will be a real treat. i think it will simply increase demands in congress for answers about the real facts of benghazi that after six months we still haven't gotten skbri mean, the thoughts on hacking, everybodies that -- everybody has their feeling how this should be handled the law doesn't crack down on people's ability to tap...
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Mar 19, 2013
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protectors of one another, of the environment. let us not allow signs of destruction and death accompany this world. >> the crowds for inauguration were smaller than expected and the celebration included some touching moments where the pope kissed the crying baby which stopped crying. and then he went into the crowd and had an opportunity to bless a sick man. you see him there as he kissed him on the forehead. senior correspondent is in rome. following today's papal event. good morning. >> good morning, soledad. the fact is those were kind of visual representations of what the pope's homily would be later on. talked very much on st. joseph's saint day today, talked about st. joseph's need to protect and the example of protecting and said to serve is to protect. and it's a message meant not only for his fellow churchmen, for the faithful, but also for the assembled dignitaries that were huge crowd of dignitaries, 130 odd delegations, as well as 30 heads of state. there were heads of government. there were crown heads of europe, and
protectors of one another, of the environment. let us not allow signs of destruction and death accompany this world. >> the crowds for inauguration were smaller than expected and the celebration included some touching moments where the pope kissed the crying baby which stopped crying. and then he went into the crowd and had an opportunity to bless a sick man. you see him there as he kissed him on the forehead. senior correspondent is in rome. following today's papal event. good morning....
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Mar 18, 2013
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there's some general discussions that have taken place, but i think the environment is going to be the best that it's been in the next several months. >> just to be precise, under certain circumstances to save social security and medicare over 75 years, you'd be willing to raise tax revenue. do you have a number, two to one, three to one, spending cuts versus tax revenue, along those lines, what do you see? >> you know, when we say revenue, we're talking about through closing loopholes, through streaming the process. it's going to be some economic growth that will generate revenue through that entire process if we do it right. again, republicans want to see the tax code change so that it generates the kind of economic growth that we need to have in this country, which is, by the way, the greatest solver of some of the deficit issues that we have. i don't have a ratio. i do know those are the two pieces of the puzzle, wolf, and there's enough commonality to me between what we're saying and what they are saying is what we should try to do is build off that commonality over the next sever
there's some general discussions that have taken place, but i think the environment is going to be the best that it's been in the next several months. >> just to be precise, under certain circumstances to save social security and medicare over 75 years, you'd be willing to raise tax revenue. do you have a number, two to one, three to one, spending cuts versus tax revenue, along those lines, what do you see? >> you know, when we say revenue, we're talking about through closing...
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Mar 19, 2013
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- although he did use the word environment -- but it's also us. it's you and me, our brothers and sisters, it's moms and dads. that's part of our mission in life, to be of service to others. ♪ ♪ ♪ >> we tried to get out of the way of the music from time to time. it's mid 50's in rome this morning and pretty steady wind at 15 to 20 miles an hour. you can see making for a beautiful sight with the flags there. the music is not one choir but two. lauren green with some details on those. one of them sang at the pap al mass. >> this is the sistine chapel choir along with the sacred music choir. both of them are vatican choirs. interesting enough, the last time i heard the sistine chapel choir was in november when they premiered a work by monsignor raptsinger, the brother of pope benedict xvi. they are an incredible choir. you saw one of the members, sopranos singing earlier as part of the mass. they are an incredible choir. they have sung all over the world and they are known all over the world, and they sing in many sacred music festivals. they a
- although he did use the word environment -- but it's also us. it's you and me, our brothers and sisters, it's moms and dads. that's part of our mission in life, to be of service to others. ♪ ♪ ♪ >> we tried to get out of the way of the music from time to time. it's mid 50's in rome this morning and pretty steady wind at 15 to 20 miles an hour. you can see making for a beautiful sight with the flags there. the music is not one choir but two. lauren green with some details on those....
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Mar 18, 2013
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the media environment is vast. what represent fully indications will -- what represent fully -- what ramifications will come? what if i do have a government job? you never know. we heard about what happened in benghazi before during and after, not heeding warnings, covering up not quick enough. maybe survivors feel the story is already out there. i'm not sure. >>brian: everyone has a different perspective on the iraq war but yours is valuable because you fought in it. what's your thought ten years since it started? >> it's almost hard to fathom ten years since the war kicked off. i'm proud of what our generation of warriors accomplished, what we fought for. everything that we -- over 4,400 that gave their lives on that sacred ground. thousands more that were wounded in pursuit of that mission. i'm proud of what we did over there. i'm proud of coming home and fighting for the surge, fighting for the will of the american people to finish the job. i wish we finished it in a more proper fashion per se. i honor what the
the media environment is vast. what represent fully indications will -- what represent fully -- what ramifications will come? what if i do have a government job? you never know. we heard about what happened in benghazi before during and after, not heeding warnings, covering up not quick enough. maybe survivors feel the story is already out there. i'm not sure. >>brian: everyone has a different perspective on the iraq war but yours is valuable because you fought in it. what's your thought...
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Mar 19, 2013
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he talked about the concept of being a protector, he said all of us can protect the environment, can protect the poor, can protect our families. i thought it was meaningful particularly to not to mistake tenderness for weakness, not to mistake caring, those are strong virtues and he questioned what is real power, and real power authentic power is in service. >> i'm glad you said that about that message of don't mistake tenderness for weakness. father barron, this is a gentle man, a humble man. he's been called authentic especially over these last five or six days, let's be honest he doesn't, he's going to have to be a rather tough man to shake up this church in the way a lot of people want it shaken up. >> absolutely. he's a man of franciscan simplicity. the clear indication was we need a pope who with clean things up, make personnel change, bring greater accountability, transparency, and make no mistake, they chose him partially for that reason. so he'll make some tough moves. >> we saw the scene where the new pope was surrounded by some members of the old guard church hierarchy. we
he talked about the concept of being a protector, he said all of us can protect the environment, can protect the poor, can protect our families. i thought it was meaningful particularly to not to mistake tenderness for weakness, not to mistake caring, those are strong virtues and he questioned what is real power, and real power authentic power is in service. >> i'm glad you said that about that message of don't mistake tenderness for weakness. father barron, this is a gentle man, a humble...
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Mar 18, 2013
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. >> and to your point, joe, i think what's happening is a spotlight is being shown on the school environment. and the reason is, kids are in the school building 180 days a year. it is where they consume 50% of their calories per day. so you have a captive audience in the school building. but what we have to do is we have to direct more resources into the school building. the first thing that's getting cut is access to healthy nutrition. the first thing that's getting cut is access to physical activity. which is why we made an announcement with the first lady just a couple weeks ago, let's move active schools to get more kids out there and moving. it's critical, though, i come from the business world. and the first thing when i stepped into this epidemic that i said to dr. satcher and to some of our partners is, no one of us can do this alone. there's no one size fits all strategy. we have to do this in a collaborative effort together. so we focus largely on bringing the private sector into the conversation. how do we form a public/private partnership where corporate america is brought into t
. >> and to your point, joe, i think what's happening is a spotlight is being shown on the school environment. and the reason is, kids are in the school building 180 days a year. it is where they consume 50% of their calories per day. so you have a captive audience in the school building. but what we have to do is we have to direct more resources into the school building. the first thing that's getting cut is access to healthy nutrition. the first thing that's getting cut is access to...
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Mar 21, 2013
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but his motivation for a plainer existence wasn't just about money or the environment. >> i think life's about experiences and about connection and about relationships. and so i think you want to sort of maximize your time focused on that and minimize your time focused on acquiring more stuff and dealing with it. >> now, graham hill does acknowledge that if you're married or you have children, the minimalist lifestyle is a lot tougher, matt lauer. >> i'll say, the older you get, the more you like that no-clutter feel. thank you very much. i would like to try it, craig, thank you. >> thank you. >> when we come back, martha stewart's here to make us all feel inadequate about decorating our easter eggs. but first, this is "today" on nbc. for your first day? yeah. ♪ dad: you'll be fine, ok? girl: ok. dad: you look so pretty. ♪ i'm overprotective. that's why i got a subaru. love. it's what makes a subaru, a subaru. >>> martha on "today" is brought to you by macy's. >> and we're back at 8:51 with martha. fun and festive ways to decorate your easter eggs. martha stewart is here with a few o
but his motivation for a plainer existence wasn't just about money or the environment. >> i think life's about experiences and about connection and about relationships. and so i think you want to sort of maximize your time focused on that and minimize your time focused on acquiring more stuff and dealing with it. >> now, graham hill does acknowledge that if you're married or you have children, the minimalist lifestyle is a lot tougher, matt lauer. >> i'll say, the older you...